RISK MANAGEMENT AND INSURANCE 113
Prerequisites: The above course requirements presume that the student has completed the following courses (or their equivalent), typically found in an A.S. degree program, prior to matriculation. If not, these become additional required courses in the program. Accounting (BCOR 201& 202) Algebra for Business Students (Math 114) Economics (BCOR 111 & 112) Management (BCOR 251)
Business Technology (CIS 150) Legal Env/Bus Law (BCOR 203) Composition (LENG 111 & 112)
RISK MANAGEMENT AND INSURANCE MAJOR DAVID SMITH, M.S., Program Director Faculty: Lecturer: David Smith. The undergraduate program in risk management and insurance is an innovative course of study providing our students with an overall background in risk management, life and health insurance, property and liability insurance, employee benefits, social insurance, and personal financial planning. Risk management and insurance is a proud profession. Graduates in risk management and insurance find a variety of career opportunities in insurance companies (underwriting, marketing, claims adjusting, rate making, and investment); as risk managers in business; as brokers/agents providing professional risk management/insurance/employee benefits counseling for clients; as consultants and personal financial planners; and in government social insurance programs.
COURSE DESCRIPTIONS: RISK 220: Introduction to Risk Management and Insurance The primary focus of this introductory course includes the Risk Management Process, the nature of the Insurance Industry and the evaluation of life, health, property and liability risks. The course will include an introduction to Commercial Insurance Contracts and Life and Health Policies, but will place an emphasis on Personal Lines Property and Casualty Insurance Products. 3 credits RISK 321: Commercial Insurance and Risk Management This course examines the major types of commercial property and liability insurance. The structure, scope, and limitations of commercial property and liability contracts are analyzed. The Course will conclude with at least three on-site commercial case studies in which the student will be expected to apply insurance and other risk management techniques. Prerequisite: RISK 220 3 credits RISK 325: Life and Health Insurance This course teaches the nature and importance of Personal Risk Management and the identification of the related exposures. It will explore individual, group and commercial life, health and annuity products. 3 credits RISK 335: Claims Adjusting This is an intermediate course designed to teach the students about the Claims Adjusting Process and the methods used to evaluate and negotiate the settlement of property and casualty claims. Both Personal Lines and Commercial Lines are addressed in this class. Prerequisite: RISK 220 3 credits RISK 415: Risk Management This course is designed to provide students with a conceptual framework for evaluating and